Bookbuilding IPO | ₹[.] Cr | Listing at NSE SME |

A J Packaging Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on March 30, 2026 to raise funds through Initial Public Offer (IPO).
A J Packaging Ltd. IPO is a Book Build Issue of 0.30 crore equity shares consisting of a fresh issue of upto 0.28 crore equity shares and an offer for sale (OFS) of upto 0.03 crore equity shares.
The equity shares are proposed to be listed on the NSE SME. D&A Financial Services Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to A J Packaging IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 30,00,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 27,50,000 shares (agg. up to ₹[.] Cr) |
| Offer for Sale | 2,50,000 shares of ₹10 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 77,55,245 shares |
| Share Holding Post Issue | 1,05,05,245 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Mon, Mar 30, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
A J packaging specializes in manufacturing a diverse range of metal tin cans in multiple shapes such as oval, rectangular, and round, with capacities ranging from 50 grams to 500 grams and 50 ml to 5000 ml. The company offers an extensive product portfolio that includes printed, lacquered, embossed, uniquely shaped, and fully customizable metal cans. These products are designed to meet the packaging requirements of various solid, powdered, and liquid goods.
With manufacturing facilities strategically located in Hyderabad (Telangana), Ghaziabad (Uttar Pradesh), and Khandala (Maharashtra), it efficiently serves leading FMCG brands and the paint industry across both domestic and international markets.
Operating on a B2B model, the company supply its products to several well-known companies, including CCL Products (India) Limited, Indus Coffee, Vayhan Coffee, Modigold and Beverages, Mrs. Bectors Food Specialities Limited, Haldirams Foods International Private Limited, R K Ganapathi Chettiar, SLN Coffee Private Limited, Marino Foods Private Limited, and Asian Paints Limited.
Competitive Strengths:
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 155.03 | 138.04 | 121.82 |
| Total Income | 193.94 | 210.40 | 183.03 |
| Profit After Tax | 5.12 | 3.78 | 2.38 |
| EBITDA | 21.47 | 18.69 | 14.68 |
| NET Worth | 37.33 | 26.70 | 23.16 |
| Reserves and Surplus | 29.57 | 21.86 | 18.32 |
| Total Borrowing | 69.79 | 70.13 | 62.12 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/Prepayment in full or in part, of certain loans availed by our Company | 7.00 |
| 2 | To Meet the Working Capital requirement of Company | 24.50 |
| 3 | General Corporate Purpose | |
| Total | 31.50 |
| KPI | Sep 30, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 17.86% | 13.71% |
| ROCE | 18.01% | 15.32% |
| Debt/Equity | 1.70 | 1.87 |
| RoNW | 13.71% | |
| PAT Margin | 11.07% | 2.65% |
| EBITDA Margin | 3.17% | 11.07% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 92.72% |
| Period Ended | 30 Sep 2025 | |||
|---|---|---|---|---|
| Assets | 170.48 | |||
| Total Income | 113.47 | |||
| Profit After Tax | 3.58 | |||
| EBITDA | 12.56 | |||
| NET Worth | 40.13 | |||
| Reserves and Surplus | 32.38 | |||
| Total Borrowing | 68.15 | |||
| Amount in ₹ Crore | ||||
Lead Manager Reports
A J Packaging IPO is a SME IPO of 30,00,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The A J Packaging IPO open and close dates are not available as of now.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in A J Packaging IPO using UPI as a payment gateway. Zerodha customers can apply in A J Packaging IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in A J Packaging IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The A J Packaging IPO dates are not announced. Please check back again after some time.
A J Packaging IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in A J Packaging IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for A J Packaging IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the A J Packaging IPO allotment status.
The A J Packaging IPO listing date is not yet announced. The tentative date of listing is .